formula academy limited
formula academy limited Company Information
Company Number
09280196
Website
formulagulf.academyRegistered Address
parkers cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Antony Lelliott9 Years
Shareholders
antony david lelliott 100%
formula academy limited Estimated Valuation
Pomanda estimates the enterprise value of FORMULA ACADEMY LIMITED at £291 based on a Turnover of £550 and 0.53x industry multiple (adjusted for size and gross margin).
formula academy limited Estimated Valuation
Pomanda estimates the enterprise value of FORMULA ACADEMY LIMITED at £0 based on an EBITDA of £0 and a 3.45x industry multiple (adjusted for size and gross margin).
formula academy limited Estimated Valuation
Pomanda estimates the enterprise value of FORMULA ACADEMY LIMITED at £47 based on Net Assets of £100 and 0.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Formula Academy Limited Overview
Formula Academy Limited is a dissolved company that was located in hove, BN3 2DJ with a Companies House number of 09280196. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2014, it's largest shareholder was antony david lelliott with a 100% stake. The last turnover for Formula Academy Limited was estimated at £550.8.
Upgrade for unlimited company reports & a free credit check
Formula Academy Limited Health Check
Pomanda's financial health check has awarded Formula Academy Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
5 Weak
Size
annual sales of £550.8, make it smaller than the average company (£651.4k)
- Formula Academy Limited
£651.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Formula Academy Limited
- - Industry AVG
Production
with a gross margin of 19.7%, this company has a higher cost of product (40.2%)
- Formula Academy Limited
40.2% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Formula Academy Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
- Formula Academy Limited
15 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Formula Academy Limited
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £550.8, this is less efficient (£73.3k)
- Formula Academy Limited
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (31 days)
- Formula Academy Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Formula Academy Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Formula Academy Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Formula Academy Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Formula Academy Limited
- - Industry AVG
FORMULA ACADEMY LIMITED financials
Formula Academy Limited's latest turnover from October 2018 is estimated at £551 and the company has net assets of £100. According to their latest financial statements, we estimate that Formula Academy Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 100 | 100 | 100 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 100 | 100 | 100 | 0 |
| total assets | 100 | 100 | 100 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 0 |
| net assets | 100 | 100 | 100 | 0 |
| total shareholders funds | 100 | 100 | 100 | 0 |
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 100 | 0 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
formula academy limited Credit Report and Business Information
Formula Academy Limited Competitor Analysis
Perform a competitor analysis for formula academy limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in BN3 area or any other competitors across 12 key performance metrics.
formula academy limited Ownership
FORMULA ACADEMY LIMITED group structure
Formula Academy Limited has no subsidiary companies.
Ultimate parent company
FORMULA ACADEMY LIMITED
09280196
formula academy limited directors
Formula Academy Limited currently has 1 director, Mr Antony Lelliott serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Antony Lelliott | England | 61 years | Oct 2014 | - | Director |
P&L
October 2018turnover
550.8
+4%
operating profit
0
0%
gross margin
19.8%
-4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
100
0%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
formula academy limited company details
company number
09280196
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
formula 5 limited (November 2016)
last accounts submitted
October 2018
address
parkers cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ
accountant
-
auditor
-
formula academy limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to formula academy limited.
formula academy limited Companies House Filings - See Documents
| date | description | view/download |
|---|
